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Commercial Real Estate

Commercial SaleBusiness1114 N State Road 7, FL, 33021

Basics

Description

  • Description:

    This property is conveniently located directly on N State Rd 7/441 and has great visibility and signage consisting of 1,965 SF, and it is well situated on a 6,421 SF lot which includes an additional parking lot.. High traffic area with over 34K cars per day.

    Currently leased to a long term restaurant/bar tenant on a NNN lease with minimal landlord responsibilities. The property undergo a significant renovation in 2022 including all brand new HVAC systems, exterior paint and complete renovation of interior. Current lease is thru September 2027 and base rent increases 3% annually.

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Property details

  • Total Building Area: 1985
  • Lot Size Square Feet: 2625
  • Parcel Number: 514112050870
  • Lot Size Area: 2625

Property Features

  • Covered Spaces: 0

Location Details

  • County Or Parish: Broward County
  • Zoning Description: C-MU

Fees & Taxes

  • Tax Annual Amount: 8341
  • Tax Legal Description: HOLLYWOOD BEACH HEIGHTS SEC B 10-22 B LOT 4 BLK 16

Miscellaneous

  • Public Survey Section: 12
  • Syndication Remarks: Freestanding Restaurant/Bar A+++ Location on US 441/State Rd 7 Long Term NNN Ample Parking
  • Business Type: Restaurant

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This -type commercial real estate is located in 1114 N State Road 7, FL, 33021 was built in 1958, and is listed at $2,250,000.

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